Sunday, April 22, 2012

A
lawmaker has proposed a one-year prescription for a person missing due
to extraordinary forces of nature under the New Civil Code on the
declaration of presumptive death needed for estate settlements.

“This
bill seeks to help the victims to settle their successional rights over
the estate of their departed loved ones who were declared casualties of
a natural calamity without the unnecessary delay in the settlement of
their estate,” said Kasangga Rep. Teodorico Haresco, author of House
Bill 6015.

The bill seeks to amend Section 2, Article 391 of the New Civil Code on the Declaration on Presumptive Death..... MORE